Benin : Fifth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Nonobservance of Performance Criteria-Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Benin.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund, Contributor.

Series:

IMF Staff Country Reports; Country Report ; No. 2008/374

IMF Staff Country Reports

Language:

English

Physical Description:

1 online resource (78 p.)

Edition:

1st ed.

Other Title:

Benin: Enhanced Initiative for Heavily Indebted Poor Countries - Completion Point Document

Benin

Place of Publication:

Washington, D.C. : International Monetary Fund, 2008.

Language Note:

English

Summary:

Benin’s Fifth Review under the Poverty Reduction and Growth Facility and request for waiver of Nonobservance of Performance Criteria are discussed. The main challenge ahead is to limit inflation pressures from higher food and fuel prices while sustaining medium-term fiscal consolidation and accelerating structural reforms to increase the sustainable growth rate. The authorities have taken actions to address the food and fuel crisis and accelerate structural reforms. They have allowed the full pass-through of higher international food and fuel prices and tightened fiscal policy while putting in place measures to protect the poor.

Contents:

Cover; Contents; Executive Summary; I. Recent Economic Developments and Program Performance; Figures; 1. Macroeconomic Performance, 2003-08; 2. Price Developments, 2000-2008; 3. Selected Competitiveness Indicators, 2006-2008; II. Macroeconomic outlook and Policies for 2008/09; A. The Food and Fuel Crisis; 4. Macroeconomic Outlook, 2005-13; B. Fiscal Policy to Preserve Macroeconomic Stability and Debt Sustainability; C. Structural Reforms to Restore Competitiveness; III. Risks to the Program; IV. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2006-13

2. Consolidated Central Government Operations, 2006-133. Consolidated Central Government Operations, 2006-13; 4. Balance of Payments, 2006-13; 5. Monetary Survey, 2006-09; 6. Schedule of Disbursements Under the PRGF Arrangement, 2005-09; 7. Indicators of Capacity to Repay the Fund, 2007-17; 8. Millennium Development Goals; Appendix I: Letter of Intent; Attachment I: Memorandum of Economic and Financial Policies for 2008-09; Attachment II: Technical Memorandum of Understandings; Contents; I. Relations with the Fund; II. Joint World Bank-IMF Work Program, 2008-09; III. Statistical Issues

Notes:

Description based upon print version of record.

Description based on publisher supplied metadata and other sources.

ISBN:

9786613726353

9781455262281

1455262285

9781452743462

1452743460

9781280885044

1280885041

9781451982923

1451982925

OCLC:

870244620